I ASSENT Financial Services (Collective Investment Schemes)
© Government of Gibraltar (www.gibraltarlaws.gov.gi)
2005-48
Subsidiary 2014/068
Subsidiary Legislation made under s. 52.


EXPERIENCED INVESTOR FUNDS (FEES)
REGULATIONS 2014

(LN. 2014/068)
Commencement 2.5.2014
Amending
enactments
Relevant current
provisions
Commencement
date

LN. 2015/053 rr. 3, 4, 5(1), (2) 1.4.2015


_______________________

In exercise of the powers conferred on him by section 52 of the Financial
Services (Collective Investment Schemes) Act 2011, and of all other
enabling powers, the Minister has made the following Regulations
Title and commencement.

1. These Regulations may be cited as the Experienced Investor Funds
(Fees) Regulations 2014 and come into operation on the day of publication.

Fees payable to the Financial Services Commission.

2. All fees prescribed by these Regulations shall be payable to the Financial
Services Commission.

Initial Fee.

3. For the purpose of regulation 4(3)(b)(i) of the Financial Services
(Experienced Investor Funds) Regulations 2012 the prescribed fee shall be
£2,750.

Annual Fee.

4. An annual fee of £998 shall be paid in advance within 28 days from 1
April in any financial year unless the Commission agrees otherwise.

Experienced Investor Fund Director.

5.(1) An application to obtain a licence as an Experienced Investor Fund
Director which is a class VIII licence under the Financial Services
Financial Services (Collective Investment Schemes)
© Government of Gibraltar (www.gibraltarlaws.gov.gi)
2005-48
Subsidiary 2014/068 (Licensing) Regulations shall submit an application in the prescribed format
accompanied by a fee of £275.

(2) For each Experienced Investor Fund to which a licensed Experienced
Investor Fund Director is appointed an annual fee of £298 shall be paid in
advance within 28 days from 1 April in any financial year unless the
Commission agrees otherwise.

Revocation.

7. The Experienced Investor Funds (Fees) Regulations 2010 are revoked.